Zimmer Biomet Holdings, Inc.

ZBH Healthcare Medical Devices

Zimmer Biomet Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.2 billion, up 7.20% from fiscal 2024. In the quarter to June 2026, revenue grew 4.80%, EPS grew 33.8%, free cash flow grew 13.1% and total debt fell 1.23%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five.

95.06 0.68 +0.72%
Market cap
$18.0B
P/E
23.0×
Fwd P/E
17.7×
Dividend yield
1.01%
F-score
6/9
Altman Z
2.38
Beneish M
−2.59
Dividend safety
72/100

Zimmer Biomet Holdings, Inc. (ZBH) Debt to equity

Alert me on Debt to equity

Zimmer Biomet Holdings, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.6×, up 0.0× from fiscal 2025 (0.6×). Over the past ten years it has ranged from 0.5× (fiscal 2023) to 1.2× (fiscal 2015); the current reading is higher than 45% of that period. That is above the Medical Devices industry median of 0.1× and above the Healthcare sector median of 0.0×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.6× 19.00%
FY2024 0.5× 7.66%
FY2023 0.5× (2.47%)
FY2022 0.5× (15.14%)
FY2021 0.6× (16.21%)
FY2020 0.7× 0.41%
FY2019 0.7× (16.31%)
FY2018 0.8× (8.28%)
FY2017 0.9× (25.65%)
FY2016 1.2× (0.01%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.6× 0.49%
Mar 2026 0.6× (0.46%)
Dec 2025 0.6× (6.88%)
Sep 2025 0.6× 5.20%
42 more quarters

Against its own ten years

Low 0.5× High 1.2×
Ten-year median 0.7×
Current reading's percentile 45

Debt to equity against peers

Company Debt to equity
GMED Globus Medical, Inc. compare 0.0×
PEN Penumbra, Inc. compare 0.0×
BIO.B Bio-Rad Laboratories, Inc. compare 0.2×
STE STERIS plc compare 0.3×
DXCM DexCom, Inc. compare 0.5×
PHG Koninklijke Philips N.V. compare 0.6×
ZBH Zimmer Biomet Holdings, Inc. 0.6×
SNN Smith & Nephew SNATS, Inc. compare 0.6×
GEHC GE HealthCare Technologies Inc. compare 1.0×
Medical Devices industry median 0.1×
Healthcare sector median 0.0×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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